https://www.taxtmi.com/caselaws?id=17523 The Tribunal upheld that the bonus payment received by the assessee on the sale of the prize-winning raffle ticket was taxable under section 2(24)(ix) as income from business and qualified for relief under section 80TT. The court ruled against the Department on both issues, determining that the bonus was not a windfall but taxable income connected to the lottery winnings, making the assessee eligible for relief under section 80TT. en-us Tue, 30 Jul 1996 00:00:00 +0530 Wed, 23 Sep 2009 11:14:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17523 The Tribunal upheld that the bonus payment received by the assessee on the sale of the prize-winning raffle ticket was taxable under section 2(24)(ix) as income from business and qualified for relief under section 80TT. The court ruled against the Department on both issues, determining that the bonus was not a windfall but taxable income connected to the lottery winnings, making the assessee eligible for relief under section 80TT. Case-Laws Income Tax Tue, 30 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17523